The Nigerian Equities market according to Afrinvest report halted its 5-week bearish run this week as the benchmark index gained 8bps W-o-W to 26,314.49 points due...
House of Representatives has resolved to investigate the non-payment of seven billion dollars disbursed by the Central Bank of Nigeria (CBN) to 14 global asset managers...
The equities market closed in the negative region today as the ASI declined 14bps to 26,188.24 points due to price depreciation in UNILEVER (-10.0%), ZENITH (-2.0%) and STANBIC (-2.1%). Consequently, YTD...
Africa Finance Corporation AFC, said it has successfully issue a $500 million Eurobond for general corporate purposes, maturing in October 2029. The Senior, unsecured Eurobond which...
Today, the bearish momentum was sustained in the domestic equities market as the ASI declined 58bps to 26,223.66 points due to price depreciation in DANGCEM (-1.1%), MTNN (-0.8%) and STANBIC (-3.1%)....
President Muhammadu Buhari has approved the appointment of Dr Sarah Omotunde Alade, as Special Adviser to the President on Finance and the Economy, domiciled in the...
Sell pressures in NESTLE (-4.2%), MTNN (-1.2%) and UAC-PROP (-9.3%) dragged the benchmark index down by 10bps to 26,375.35 points. As a result, YTD loss worsened to -16.1% while market capitalisation declined by N12.5bn...
As part of sustained efforts to promote ethical values and professionalism within the bank, Fidelity Bank Plc, weekend disclosed plans to participate in this year edition...
Performance across sectors was mixed as 3 of 6 sectors under our coverage lost. The Banking index led gainers, driven by price appreciation in GUARANTY (+3.6%), STANBIC (+5.7%) and...
By Justina Gabriel The Edo State Governor, Mr. Godwin Obaseki, has flayed the incessant cases of oil theft in the Niger Delta, bemoaning the loss of...
Rice Farmers Association of Nigeria (RIFAN), has appealed to Central Bank of Nigeria (CBN), to reschedule its loan repayment plan for rice farmers in Adamawa following...
Today’s, the equities market closed in the positive territory as the ASI rose 0.2% to 26,359.27 points following gains posted by NIGERIAN BREWERIES (+8.1%), SEPLAT (+9.3%) and DANGCEM...
McKinsey’s Global Banking & Securities practice in a new report, Global Banking Annual Review, has said that African banks are performing above the global average but...
Federal Inland Revenue Service (FIRS) and First Bank Plc have opted for out of court settlement in a N25 billion damages suit filed against them by...
Buying interest in the local bourse pushed the benchmark index northward as the ASI rose 25bps to settle at 26,310.77 points while YTD loss eased to -16.3%. Price...